Maple Holdings B.V. 4
4 · Keurig Dr Pepper Inc. · Filed Jun 12, 2020
Insider Transaction Report
Form 4
JAB BevCo B.V.
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2020-06-11−142,660,973→ 726,084,122 total
Footnotes (2)
- [F1]On June 11, 2020, Acorn Holdings B.V. ("Acorn") and Maple Holdings B.V. ("Maple Holdings") entered into agreements (each, a "Redemption Agreement") with affiliates of each of BDT Capital Partners, LLC ("BDT"), Quadrant Capital Advisors, Inc. ("Quadrant") and JAB Consumer Fund SCA SICAR ("JCF" and together with BDT and Quadrant, the "Minority Partners"), pursuant to which Acorn shall distribute shares of Common Stock, par value $0.01 per share (the "Shares"), of Keurig Dr Pepper Inc. ("KDP") to each Minority Partner (collectively, the "Distribution") in partial redemption of such Minority Partner's existing interest in Acorn. Under the Redemption Agreements, Acorn shall distribute an aggregate number of 142,660,973 Shares to the Minority Partners. All of the Minority Partners receiving Shares as part of the Distribution will be subject to lock-up provisions on 50% of distributed Shares until November 16, 2020 and on the remaining 50% of the Shares until June 11, 2021.
- [F2]These Shares are held by Maple Holdings, a direct or indirect subsidiary of each other Reporting Person herein. As such, each other Reporting Person herein may be deemed a beneficial owner of Shares held by Maple Holdings. Each of the Reporting Persons disclaims any beneficial ownership of such Shares, except to the extent of its pecuniary interests therein.